Day: December 30, 2021

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Azerbaijan’s significant military achievements in 2021

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Azer News

By Vugar Khalilov Following its historic victory in the 44-day war in 2020, Azerbaijan successfully continues its army-building activities and cooperation within high-profile international military organizations and events. At a news conference held on December 29, Defence Ministry spokesperson Lt-Col Anar Eyvazov summed up the results of Azerbaijan’s achievements in the military sphere in 2021. Army building He said that some 400 new military facilities have been commissioned for various purposes to provide favorable conditions for servicemen in performing their duties, as well as for ensurin… Continue reading “Azerbaijan’s significant military achievements in 2021”

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The Civic Media Observatory in 2021

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Global Voices

2021 was a big year for the Civic Media Observatory. Here’s a recap of our work. What do we do at the Civic Media Observatory?We identify and analyze how people construct and share narratives in mediaWe explain the context and subtext underlying these narratives and media itemsWe evaluate the impact of media items on society using a scorecardWe share the results of the research on a public database, through Global Voices stories, and a newsletter Subscribe to Undertones####Observatory in numbers While Observatory work is focused on deep qualitative analysis of narrative frames and media items,… Continue reading “The Civic Media Observatory in 2021”

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Saudis ‘insulted’ by Pakistan FM’s posture in KSA meeting

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Al-Araby

Saudis have spoken of their outrage over the “insulting” seating position of Pakistan’s foreign minister during a meeting with his Saudi counterpart on Tuesday. Social media users in the kingdom slammed Pakistan Foreign Minister Shah Mahmood Qureshi for his posture when he received his Saudi counterpart, Nawaf bin Said al-Malki, in Islamabad. Qureshi can be seen sitting with one leg crossed and the other pointing in Al-Malki’s direction, which was deemed offensive by many Saudis. The ministers met to discuss current events in the region and “review bilateral relations between the two brotherly… Continue reading “Saudis ‘insulted’ by Pakistan FM’s posture in KSA meeting”

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Haitou Global Private Credit Fund Awarded 2021 Best Emerging Manager – Credit Hedge By Hedgeweek

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The Street

By PR Newswire NEW YORK, Dec. 30, 2021 /PRNewswire/ — Haitou Global Private Credit Fund was recommended by Bloomberg based on performance in 2021 and was voted by hedge fund industry to receive Hedgeweek 2021 Best Emerging Manager – Credit Hedge Award. Fighting COVID-19 as A Team Haitou Global Private Credit Fund is a young fund, launched in October 2019 and hit by the pandemic right away. In early February 2020, Haitou Global assessed the pandemic based on in-person experience of SARS in 2003 in Beijing and first-hand information from Beijing team and concluded that it would be inevitable to… Continue reading “Haitou Global Private Credit Fund Awarded 2021 Best Emerging Manager – Credit Hedge By Hedgeweek”

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Would return of Kashmiri Pandits mean division of Kashmir into two Union Territories

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Newscraving

Staff Report Creation of a seperate Union Territory in Kashmir for the return of Kashmiri Pandits has picked up momentum. The idea that drew less attention earlier has become center stage amid the political stalemate in Kashmir.Among the several political proposals in Jammu and Kashmir that talk of division, a seperate state for Jammu and creation of UT in Kashmir are widely discussed in political circles. These couldn’t have come at a time when BJP is finding it increasingly difficult to form government on its own strength in Jammu and Kashmir and a hung verdict would only mean that Kashmir c… Continue reading “Would return of Kashmiri Pandits mean division of Kashmir into two Union Territories”

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Punjab Announces Schedule for Matric and Inter Exams

The Punjab Boards Committee of Chairmen (PBCC) has announced the schedules for the Matriculation and Intermediate examinations 2022 for all nine boards in the province.

According to media reports, the Matriculation examinations will commence from 10 May 2022, while the Intermediate examinations will start from 18 June 2022.

The PBCC is the official forum of all the examination boards of the province. It includes Bahawalpur Board, DG Khan Board, Faisalabad Board, Gujranwala Board, Lahore Board, Multan Board, Rawalpindi Board, and Sargodha Board.

Last month, the federal Minister for Education and Professional Training, Shafqat Mahmood, had announced that the COVID-19 situation in the country was improving, and examinations would be taken as scheduled.

He told the media that there will be no delay in the examinations, and smart or short syllabi will not be used this time.

“Next year, the exams will be taken from all subjects, including compulsory and optional ones, and with a full syllabus,” he added.

Source: Pro Pakistani

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Govt Raises Rs. 1.26 Trillion from Treasury Bills

The State Bank of Pakistan (SBP) raised Rs. 1.26 trillion against a target of Rs. 1.2 trillion in the most recent treasury bill auction on Wednesday.

Despite the big money raise, cut-off yields in the auction had a slight dip in three-month and six-month papers as opposed to expert estimates.

The three-month paper’s cut-off yield fell by 19 basis points to 10.59 percent while the six-month paper’s yield fell five basis points to 11.45 percent. The yield on the 12-month paper remained at 11.51 percent, unchanged from the auction on 15 December.

Despite the considerable liquidity pushed into the money market by the central bank through open market operations (OMOs) of exceptionally long tenures in the last two weeks, rates have fallen marginally as opposed to the numbers observed during the 15 December auction.

The SBP had staged two 63-day OMOs in the recent two weeks to lend banks a total of Rs. 1.07 trillion in cash. As banks had adequate capital to bid for treasury bills, experts forecast that the auction on 29 December will be held at lower rates than before.

Overall, the cut-off yields on all the government bonds increased significantly in the last 18 months, and the yield on the three-month paper is holding around 10.25 percent in the secondary market.

According to experts, secondary market yields will soar as soon as the Pakistan Bureau of Statistics issues November’s inflation data, which is expected to be between 12-12.5 percent.

Source: Pro Pakistani

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PIA is Going Paperless Thanks to PITB

The Punjab Information Technology Board (PITB) and Pakistan International Airlines (PIA) have signed a Memorandum of Understanding (MoU) to implement an e-Filing & Office Automation System (e-FOAS) for the national flag carrier.

The MoU was signed by Chairman PITB, Azfar Manzoor, and CEO PIA, Air Marshal (Rtd.) Arshad Malik, in a ceremony held at Arfa Software Technology Park.

According to the MoU, e-FOAS will help PIA in improving organizational efficiency, digitization of workflows, and timely decision-making. It will also facilitate effective management of daily operations by making the routine correspondence digitally accessible round-the-clock.

During the ceremony, Chairman PITB, Azfar Manzoor, gave a detailed brief on various ICT interventions by PITB. DG e-Governance, Sajid Latif, gave a presentation on e-FOAS, while Additional DG (Citizen Facilitation Services), Muhammad Waseem Bhatti, gave an overview of Citizen Facilitation Services (CFS).

Senior officials from both organizations, including PIA’s Advisor to CEO, Air Vice Marshal Amir Hayat, CIO PIA, Syed Asad Hasnain Bukhari, GM HR, Athar Hussain, DGM IT, Syed Bakir Naqvi, DM LHE, Dr. Muqaddam Khan, and PITB’s Joint Director, Khawar Hafeez, were also present at the event.

Source: Pro Pakistani